Hedge Fund Banking and family offices Software

2007/3

This italian bank institute installed FINMA-Check as a stand alone module for internal compliance.
 
All transactions are captured (DB-Digger module) from their extisting third-party banking platform and translated in our database.

Every night, all daily transactions are checked (with user defined rules) as single transactions or clustered by client. This approach allows to track single events (transactions) and/or clients habit-changes in volume or frequency (with periodical checks).

All generated warnings are dispatched to the account manager along with a series of system generated questions.

 
Warnings, questions and answers are logged to a secured separate database. 

The compliance officer can then check all open warnings and take the due steps.

As all our products, FINMA-Check has been subjected to audits and is suitable for complex banking environments.

 

Installation Year: 
2007
Country: 
Switzerland
Client: 
Major Italian Bank for its swiss subsidiaries.
Installed Product(s): 
FINMA Check
Additional Modules: 
Query Generator